ILimits Invest Review SummaryFounded12 yearsRegistered Country/RegionCyprusRegulationRegulatedMarket InstrumentsCurrencies, cryptocurrencies, stocks, commodities, indices, ETFs and derivativesDemo AccountN/ALeverageUp to 1:200SpreadN/ATrading PlatformXCITE AppMin Deposit$200Customer SupportEmail: customer.service@finansero.comPhone: +447441938812Address: Athalassas 62, Mezzanine, Strovolos, 2012, Nicosia, CyprusFINANSERO Information Established in 2012, FINANSERO is a regulated brokerage firm registered in Cyprus. The firm specializes in CFDs trading across multiple instruments (currencies, cryptocurrencies, stocks, commodities, indices, ETFs and derivatives), with proprietary mobile and desktop platforms (XCITE App). The minimum deposit is $200 while the maximum leverage given is 1:200. Clients can contact it through multiple methods, including phone number (+447441938812), Email (customer.service@finansero.com) and live chat on Whatsapp and facebook.Pros and ConsProsConsProprietary platforms (XCITE)Accounts charge a higher fee at the lower tierMultiple account typesCharging currency conversion fee and inactive account feeRegulated stateHigher minimum depositAccessible official website with relatively full informationIs FINANSERO Legit? FINANSERO is authorized and regulated by the Cyprus Securities and Exchange Commission (CYSEC), with registration number 190/13.Regulated CountryRegulated AuthorityRegulated EntityReguted stateLicense TypeLicense NumberCyprus Securities and Exchange CommissionGlobal Trade CIF LtdRegulatedStraight Through Processing(STP)190/13What Can I Trade on FINANSERO? FINANSERO offers CFDS in more than 300 currencies, cryptocurrencies, stocks, forex, commodities, indices, ETFs and derivatives to retail and professional clients.Tradable InstrumentsSupportedCommodities✔Currencies✔Stocks✔Indices✔ETFs✔Cryptocurrencies✔Derivatives✔Forex✔Mutual Funds❌Futures❌Account Types FINANSERO divides its accounts into nine levels. Free ebooks and training, customer support Officer, Trading Insider, one-click trading, pop-up alerts, and bita5 are available for all levels. Unless account assets exceed $5,000, clients will not be able to enjoy the advanced features of Autochartist. If a trading account is worth more than $100,000, clients can enjoy a 40% discount on prices and rollovers.BenefitLevel 1Level 2Level 3Level 4Level 5Level 6Level 7Level 8Level 9Account Equity$200 - $1,999$2,000 - $4,999$5,000 - $9,999$10,000 - $14,999$15,000 - $29,999$30,000 - $49,999$50,000 - $74,999$75,000 - $99,999$100,000 - ∞Free E-Book & Training✔✔✔✔✔✔✔✔✔Customer Support Officer✔✔✔✔✔✔✔✔✔Trading Insider✔✔✔✔✔✔✔✔✔One Click Trading✔✔✔✔✔✔✔✔✔POP-UP Alerts✔✔✔✔✔✔✔✔✔AutochartistXX✔✔✔✔✔✔✔Price & Rollover DiscountX5%10%15%20%25%30%35%40%BITA 5✔✔✔✔✔✔✔✔✔BITA 10XX✔✔✔✔✔✔✔BITA 15XXX✔✔✔✔✔✔BITA 20XXXXX✔✔✔✔Leverage The maximum leverage for retail and professional customers is different. The settings are 1:30 and 1:2000, respectively. Trading account Leverage for Retail Clients:INSTRUMENT CATEGORYLEVERAGEMajor Currency Pairs CFDsNon – Major Currencies Pairs CFDs1:301:20Commodities CFDs:• GOLD• Rest of Commodities1:201:10Indices CFDs:• ASX 200, CAC40, DAX, Dow Jones, FTSE, Nasdaq, Nikkei, S&P 500• Rest of Indices1:201:10Single Stocks CFDs1:5ETF CFDs1:5Synthetic Derivatives CFDs1:5Cryptocurrencies CFDs:1:2Educational Positions1:20 Trading account Leverage for Professional Clients:INSTRUMENT CATEGORYLEVERAGEForeign Exchange currency (Forex) CFDs1:200Commodities CFDs:• GOLD, silver, OIL• COFFEE• Rest of Commodities1:2001:501:100Indices CFDs:1:100Single Stocks CFDs1:10ETF CFDs1:10Synthetic Derivatives CFDs1:5Cryptocurrencies CFDs:1:2Educational Positions1:20FINANSERO Fees If the first 5 trades fail, the broker will refund your money. As for fees, details of rollover fees for different products are shown below:CFD ProductRollover FeeCurrencies0.015% of the overnight exposureCommodities0.022% of the overnight exposureIndices0.0165% of the overnight exposureShares0.055% of the overnight exposureETFs0.0165% of the overnight exposureSynthetic DerivativesDepend on the derivativesCryptocurrencies0.50% (Retail Clients) 0.50% (Professional Clients) In addition, accounts with no trading activity for at least three months may be subject to a quarterly fee of €150. The currency conversion fee is 0.7% of realized net profit and loss on the transaction and is reflected in real time in unrealized net profit and loss on the position.Trading Platform FINANSERO provides its proprietary trading platform, namely XCITE.Trading PlatformSupportedAvailable DevicesSuitable forXCITE✔Windows, MAC, IOS, AndroidInvestors of all experience levelsDeposit and Withdrawal The payment methods include visa, Diner Club, Mustercard, Bank Transfer, Apple Pay, Skrill, Google Pay, OEAL, and Open Banking. Accessible payment method with a minimum deposit of €200. Withdrawals will be credited back in the same way as deposits. If there are any funds left, it will be credited to designated bank account. No commission is charged for deposit and withdrawal. Deposit Options:Deposit OptionsMin. DepositFeesProcessing TimeInternational Credit/ Debit Cards€200No CommissionInstantSeveral E-wallets€200No CommissionInstantWire Transfer€200No CommissionIt may take up to 5 business days Withdrawal Options:Withdrawal OptionsMin. WithdrawalFeesProcessing TimeInternational Credit/ Debit CardsN/ANo CommissionFINANSERO processes it within 24 hours. After that, it depends on your bank or e-wallet.Several E-walletsN/ANo CommissionFINANSERO processes it within 24 hours. After that, it depends on your bank or e-wallet.Wire TransferN/ANo CommissionFINANSERO processes it within 24 hours. After that, it depends on your bank or e-wallet.